New details of the car supply in the commodity exchange / How to buy a car from the commodity exchange?
According to Tejarat News, are Iran Khodro products included? Commodity Exchange Are they offered?
Hamshahri online wrote, after the approval of the car supply plan in the Commodity Exchange in the Stock Exchange Council and the announcement of Bahman Group’s readiness to supply 600 Fidelity and Dignity vehicles on August 26, in the latest news of Saipa Automobile Group, it also announced its readiness to supply in the fourth week of August.
Read the details of the sale of three Bahmanmotor cars in the link below.
Read the details of Sahin car supply from Saipa company in the link below.
The importance of offering the products of Saipa and Iran Khodro companies in the commodity exchange is because these two companies have a large part of the car market.
login to Commodity Exchange It has the feature of first preventing the distribution of rent in the car market and secondly improving the financial conditions of car manufacturing companies.
Exhibitors and car experts believe that 80% of the cars produced by these two major car manufacturers, which were sold to applicants through a lottery mechanism, are found in the open market and do not reach real consumers. This means the distribution of rent in the market, which, of course, is expected to be corrected with the government’s new measures.
Also, currently, automobile companies have accumulated losses of more than 125 thousand billion tomans. According to the calculations of the Ministry of Industry and analysts, the best way to improve the financial performance of these companies is to discover the real prices of the products of these companies through the stock exchange mechanisms.
At the same time, the supply of the products of large automobile companies in the capital market can be considered as the first step to eliminate mandatory pricing and fundamental reforms in the market.
Supply of Saipa products
Stock Exchange has announced that following the launch of Bahman Group’s products from August 26, Saipa Company has announced its readiness to sell its products on Stock Exchange during the same period, and Shaheen car is supposed to be offered on Stock Exchange in the first step.
Shahin is a product that was accepted in the main market of Iran Commodity Exchange on March 24. Additional information regarding the amount and terms of supply will be announced soon. Following the announcement of Saipa’s readiness to sell its products on the Commodity Exchange, it is expected that Iran Khodro will join the group of car suppliers in the Commodity Exchange in the coming days.
According to the announcement of the Ministry of Industry, the cars whose supply is more than the demand, have the possibility to be offered in the stock market. Based on this, it is expected that after Shahin, products such as Quick owned by Saipa, as well as Tara Automatic, Tara Desti, Dena Plus Turbocharged and Dena Plus Turbocharged Automatic belonging to Iran Khodro will also be available on the stock exchange.
How to buy from the car exchange?
Applicants to buy cars in the stock exchange must first obtain the stock exchange transaction code. The way to get the trading code of Commodity Exchange is also in this way that the applicants go to one of the authorized brokers and receive the code of Commodity Exchange online or in person. Of course, they must have registered and authenticated in the Sejam system before.
Applicants should open a proxy account after receiving the commodity exchange code. A representative account is an account that allows the stock exchange to withdraw from that account after the buyer has purchased the company and goods in the competition process, and in this way the settlement process can be carried out.
One thing that should be noted is that in order to buy a car, 30% of the base price of the car must be available in the buyer’s proxy account. In this way, when the order is registered, this amount is blocked in the proxy account until the auction process is completed.
About how many requests each applicant can register, the head of the supervisors and affairs department of the stock exchange said: Currently, each national code is only allowed to register an order on one of the offered codes, and it is only possible to buy one vehicle. Also, document issuance and numbering will be only in the buyer’s name.
According to Hamidreza Rahmani, after the auction process is completed and the buyer is finalized, a series of toll fees, numbering, and smartening of the car card mentioned in the announcement will be included.
He also said about the auction process: after the finalization of the buyers’ order registration on the day when the supply and the auction process take place, the buyers will participate in the auction process based on the base price and if the demand is greater than the supply, they will participate in the competition, as well as tax The added value that will be paid is based on the final price that the buyer has registered and finalized his purchase in the system.